birds eye limited

birds eye limited Company Information

Share BIRDS EYE LIMITED
Live 
MatureMegaHealthy

Company Number

00343496

Industry

Manufacture of other food products n.e.c.

 

Directors

Craig Hamilton

Shaun Smith

View All

Shareholders

nomad foods europe limited

Group Structure

View All

Contact

Registered Address

forge, 43 church street west, woking, GU21 6HT

birds eye limited Estimated Valuation

£923.8m

Pomanda estimates the enterprise value of BIRDS EYE LIMITED at £923.8m based on a Turnover of £836.6m and 1.1x industry multiple (adjusted for size and gross margin).

birds eye limited Estimated Valuation

£1b

Pomanda estimates the enterprise value of BIRDS EYE LIMITED at £1b based on an EBITDA of £132.1m and a 7.69x industry multiple (adjusted for size and gross margin).

birds eye limited Estimated Valuation

£759.5m

Pomanda estimates the enterprise value of BIRDS EYE LIMITED at £759.5m based on Net Assets of £390.7m and 1.94x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Birds Eye Limited Overview

Birds Eye Limited is a live company located in woking, GU21 6HT with a Companies House number of 00343496. It operates in the manufacture of other food products n.e.c. sector, SIC Code 10890. Founded in August 1938, it's largest shareholder is nomad foods europe limited with a 100% stake. Birds Eye Limited is a mature, mega sized company, Pomanda has estimated its turnover at £836.6m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Birds Eye Limited Health Check

Pomanda's financial health check has awarded Birds Eye Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £836.6m, make it larger than the average company (£24.3m)

£836.6m - Birds Eye Limited

£24.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.7%)

5% - Birds Eye Limited

7.7% - Industry AVG

production

Production

with a gross margin of 19.4%, this company has a higher cost of product (24.8%)

19.4% - Birds Eye Limited

24.8% - Industry AVG

profitability

Profitability

an operating margin of 14.3% make it more profitable than the average company (3.6%)

14.3% - Birds Eye Limited

3.6% - Industry AVG

employees

Employees

with 936 employees, this is above the industry average (112)

936 - Birds Eye Limited

112 - Industry AVG

paystructure

Pay Structure

on an average salary of £53.9k, the company has a higher pay structure (£39.3k)

£53.9k - Birds Eye Limited

£39.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £893.8k, this is more efficient (£235.4k)

£893.8k - Birds Eye Limited

£235.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 30 days, this is earlier than average (48 days)

30 days - Birds Eye Limited

48 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 37 days, this is quicker than average (44 days)

37 days - Birds Eye Limited

44 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 46 days, this is in line with average (50 days)

46 days - Birds Eye Limited

50 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)

0 weeks - Birds Eye Limited

7 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 36.4%, this is a lower level of debt than the average (56.6%)

36.4% - Birds Eye Limited

56.6% - Industry AVG

BIRDS EYE LIMITED financials

EXPORTms excel logo

Birds Eye Limited's latest turnover from December 2023 is £836.6 million and the company has net assets of £390.7 million. According to their latest financial statements, Birds Eye Limited has 936 employees and maintains cash reserves of £36 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover836,567,000754,176,000704,356,000732,687,000486,140,000430,968,000406,959,000399,112,000415,301,000446,250,000467,117,000463,642,000456,760,000447,880,000466,181,000
Other Income Or Grants000000000000000
Cost Of Sales674,061,000617,888,000559,608,000578,754,000440,539,000388,152,000360,505,000359,284,000371,368,000338,991,000335,367,000344,634,000345,530,000322,102,000344,187,000
Gross Profit162,506,000136,288,000144,748,000153,933,00045,601,00042,816,00046,454,00039,828,00043,933,000107,259,000131,750,000119,008,000111,230,000125,778,000121,994,000
Admin Expenses43,188,00035,466,00037,949,00048,071,00033,306,00031,924,00029,381,00024,456,00035,931,00044,742,00047,044,00045,838,00043,293,00056,052,00060,344,000
Operating Profit119,318,000100,822,000106,799,000105,862,00012,295,00010,892,00017,073,00015,372,0008,002,00062,517,00084,706,00073,170,00067,937,00069,726,00061,650,000
Interest Payable1,079,000217,000333,0001,464,000341,0004,0009,0000204,00003,000102,0003,359,0007,252,0008,044,000
Interest Receivable13,014,0001,866,000211,000116,000722,000490,00082,000409,000340,000255,000224,000196,000474,000641,000658,000
Pre-Tax Profit131,253,000102,471,000106,677,000104,514,00012,676,00011,380,00017,146,00015,781,0008,138,00062,651,00085,045,00073,641,00065,868,00063,664,00058,528,000
Tax-40,283,000-7,084,000-8,374,0003,206,0008,0001,414,000701,000-81,0001,321,000596,000439,0004,521,0001,187,0001,315,000966,000
Profit After Tax90,970,00095,387,00098,303,000107,720,00012,684,00012,794,00017,847,00015,700,0009,459,00063,247,00085,484,00078,162,00067,055,00064,979,00059,494,000
Dividends Paid00200,000,0000020,000,00000080,000,00075,000,00065,000,000100,000,00000
Retained Profit90,970,00095,387,000-101,697,000107,720,00012,684,000-7,206,00017,847,00015,700,0009,459,000-16,753,00010,484,00013,162,000-32,945,00064,979,00059,494,000
Employee Costs50,415,00048,594,00048,033,00057,011,00032,636,00030,162,00030,308,00027,188,00029,694,00028,202,00027,730,00029,035,00026,407,00026,727,00028,671,000
Number Of Employees936992976932663608578603643628624657603629640
EBITDA*132,138,000111,272,000116,448,000115,091,00019,074,00016,065,00021,884,00019,908,00012,717,00066,815,00088,782,00076,943,00071,534,00073,315,00065,511,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets90,001,00087,313,00095,197,00093,353,00085,057,00054,771,00052,410,00049,638,00050,329,00052,965,00049,947,00046,680,00043,401,00038,963,00036,975,000
Intangible Assets3,729,0005,552,0000000000000000
Investments & Other73,00073,00073,00073,00073,00073,00073,00073,00073,00073,00073,00073,00073,00073,00073,000
Debtors (Due After 1 year)6,512,00002,409,0009,682,0006,774,0000000000000
Total Fixed Assets93,730,00092,865,00092,788,00083,671,00078,283,00054,771,00052,410,00049,638,00050,329,00052,965,00049,947,00046,680,00043,401,00038,963,00036,975,000
Stock & work in progress86,030,00082,829,00078,404,00070,902,00063,108,00056,855,00058,238,00056,965,00057,754,00061,037,00054,163,00054,318,00063,818,00056,570,00053,852,000
Trade Debtors70,395,00069,991,00052,031,00052,573,00054,501,00015,504,00021,855,00023,729,0009,210,00013,967,00010,503,00014,776,00014,655,00019,193,00014,319,000
Group Debtors358,959,000220,540,000119,272,000237,532,000180,169,000143,317,000141,852,00073,646,0004,078,0003,347,0002,136,0003,015,0002,963,0002,101,0003,840,000
Misc Debtors4,049,0002,769,0003,997,0005,987,0006,131,0002,662,0001,307,0001,352,0001,783,0002,286,0001,671,0001,251,0001,845,0001,698,0002,780,000
Cash36,00043,00038,00038,0001,587,0003,176,0002,521,00048,931,000110,476,00092,280,000123,994,000106,132,000104,096,000240,069,000246,931,000
misc current assets823,0007,496,000998,0005,271,000506,0002,173,000247,0002,297,000808,000307,000000747,000999,000
total current assets520,292,000383,668,000254,740,000372,303,000306,002,000223,687,000226,020,000206,920,000184,109,000173,224,000192,467,000179,492,000187,377,000320,378,000322,721,000
total assets614,022,000476,533,000347,528,000455,974,000384,285,000278,458,000278,430,000256,558,000234,438,000226,189,000242,414,000226,172,000230,778,000359,341,000359,696,000
Bank overdraft0000000000009,353,00018,267,00021,144,000
Bank loan000000000000000
Trade Creditors 69,981,00087,803,00088,608,00088,244,00071,145,00063,528,00060,525,00058,512,00041,195,00052,137,00055,652,00047,555,00056,657,00048,945,00064,084,000
Group/Directors Accounts000000000000000
other short term finances4,705,000112,0007,137,00000000001,839,0000000
hp & lease commitments985,0002,219,00001,611,0001,032,0000000000000
other current liabilities144,035,00067,352,00040,004,00050,526,000110,036,00022,799,00020,354,00018,465,00029,440,00022,737,00016,988,00020,166,00019,899,000109,665,00075,153,000
total current liabilities219,706,000157,486,000135,749,000140,381,000182,213,00086,327,00080,879,00076,977,00070,635,00074,874,00074,479,00067,721,00085,909,000176,877,000160,381,000
loans5,556,0007,196,0008,596,0006,552,0008,600,0000000000000
hp & lease commitments2,753,0003,573,00003,276,0004,300,0000000000000
Accruals and Deferred Income644,0001,259,0001,806,0002,399,0002,763,0001,569,0001,933,000364,000372,000366,000361,000356,000347,0000460,000
other liabilities0000000000000080,210,000
provisions350,00016,916,0002,934,0002,750,0002,750,0002,400,0002,400,00003,520,0000002,402,0006,790,0009,562,000
total long term liabilities3,622,00013,340,0007,571,0007,050,0008,438,0002,769,0003,133,000364,0002,132,000366,000361,000356,0001,548,0003,395,00085,451,000
total liabilities223,328,000170,826,000143,320,000147,431,000190,651,00089,096,00084,012,00077,341,00072,767,00075,240,00074,840,00068,077,00087,457,000180,272,000245,832,000
net assets390,694,000305,707,000204,208,000308,543,000193,634,000189,362,000194,418,000179,217,000161,671,000150,949,000167,574,000158,095,000143,321,000179,069,000113,864,000
total shareholders funds390,694,000305,707,000204,208,000308,543,000193,634,000189,362,000194,418,000179,217,000161,671,000150,949,000167,574,000158,095,000143,321,000179,069,000113,864,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit119,318,000100,822,000106,799,000105,862,00012,295,00010,892,00017,073,00015,372,0008,002,00062,517,00084,706,00073,170,00067,937,00069,726,00061,650,000
Depreciation10,526,0008,521,0009,649,0009,229,0006,779,0005,173,0004,811,0004,536,0004,715,0004,298,0004,076,0003,773,0003,597,0003,589,0003,861,000
Amortisation2,294,0001,929,0000000000000000
Tax-40,283,000-7,084,000-8,374,0003,206,0008,0001,414,000701,000-81,0001,321,000596,000439,0004,521,0001,187,0001,315,000966,000
Stock3,201,0004,425,0007,502,0007,794,0006,253,000-1,383,0001,273,000-789,000-3,283,0006,874,000-155,000-9,500,0007,248,0002,718,00053,852,000
Debtors146,615,000115,591,000-128,065,00058,199,00086,092,000-3,531,00066,287,00083,656,000-4,529,0005,290,000-4,732,000-421,000-3,529,0002,053,00020,939,000
Creditors-17,822,000-805,000364,00017,099,0007,617,0003,003,0002,013,00017,317,000-10,942,000-3,515,0008,097,000-9,102,0007,712,000-15,139,00064,084,000
Accruals and Deferred Income76,068,00026,801,000-11,115,000-59,874,00088,431,0002,081,0003,458,000-10,983,0006,709,0005,754,000-3,173,000276,000-89,419,00034,052,00075,613,000
Deferred Taxes & Provisions-16,566,00013,982,000184,0000350,00002,400,000-3,520,0003,520,00000-2,402,000-4,388,000-2,772,0009,562,000
Cash flow from operations-16,281,00024,150,000218,070,0009,529,00023,135,00027,477,000-37,104,000-60,226,00021,137,00057,486,00099,032,00080,157,000-17,093,00086,000,000140,945,000
Investing Activities
capital expenditure-13,685,000-8,118,000-11,493,000-17,525,000-37,065,000-7,534,000-7,583,000-3,845,000-2,079,000-7,316,000-7,343,000-7,052,000-8,035,000-5,577,000-40,836,000
Change in Investments0000000000000073,000
cash flow from investments-13,685,000-8,118,000-11,493,000-17,525,000-37,065,000-7,534,000-7,583,000-3,845,000-2,079,000-7,316,000-7,343,000-7,052,000-8,035,000-5,577,000-40,909,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 4,593,000-7,025,0007,137,000000000-1,839,0001,839,0000000
Long term loans-1,640,000-1,400,0002,044,000-2,048,0008,600,0000000000000
Hire Purchase and Lease Commitments-2,054,0005,792,000-4,887,000-445,0005,332,0000000000000
other long term liabilities0000000000000-80,210,00080,210,000
share issue-5,983,0006,112,000-2,638,0007,189,000-8,412,0002,150,000-2,646,0001,846,0001,263,000128,000-1,005,0001,612,000-2,803,000226,00054,370,000
interest11,935,0001,649,000-122,000-1,348,000381,000486,00073,000409,000136,000255,000221,00094,000-2,885,000-6,611,000-7,386,000
cash flow from financing6,851,0005,128,0001,534,0003,348,0005,901,0002,636,000-2,573,0002,255,0001,399,000-1,456,0001,055,0001,706,000-5,688,000-86,595,000127,194,000
cash and cash equivalents
cash-7,0005,0000-1,549,000-1,589,000655,000-46,410,000-61,545,00018,196,000-31,714,00017,862,0002,036,000-135,973,000-6,862,000246,931,000
overdraft00000000000-9,353,000-8,914,000-2,877,00021,144,000
change in cash-7,0005,0000-1,549,000-1,589,000655,000-46,410,000-61,545,00018,196,000-31,714,00017,862,00011,389,000-127,059,000-3,985,000225,787,000

birds eye limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for birds eye limited. Get real-time insights into birds eye limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Birds Eye Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for birds eye limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in GU21 area or any other competitors across 12 key performance metrics.

birds eye limited Ownership

BIRDS EYE LIMITED group structure

Birds Eye Limited has 1 subsidiary company.

Ultimate parent company

NOMAD FOODS LIMITED

#0101980

2 parents

BIRDS EYE LIMITED

00343496

1 subsidiary

BIRDS EYE LIMITED Shareholders

nomad foods europe limited 100%

birds eye limited directors

Birds Eye Limited currently has 4 directors. The longest serving directors include Mr Craig Hamilton (Jan 2011) and Mr Shaun Smith (May 2023).

officercountryagestartendrole
Mr Craig HamiltonEngland53 years Jan 2011- Director
Mr Shaun SmithEngland46 years May 2023- Director
Mr Alastair DuncanEngland46 years Apr 2024- Director
Stacey GoffEngland37 years Dec 2024- Director

P&L

December 2023

turnover

836.6m

+11%

operating profit

119.3m

+18%

gross margin

19.5%

+7.49%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

390.7m

+0.28%

total assets

614m

+0.29%

cash

36k

-0.16%

net assets

Total assets minus all liabilities

birds eye limited company details

company number

00343496

Type

Private limited with Share Capital

industry

10890 - Manufacture of other food products n.e.c.

incorporation date

August 1938

age

87

incorporated

UK

ultimate parent company

NOMAD FOODS LIMITED

accounts

Full Accounts

last accounts submitted

December 2023

previous names

unilever ice cream & frozen food limited (November 2006)

birds eye wall's limited (April 2003)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

forge, 43 church street west, woking, GU21 6HT

Bank

-

Legal Advisor

-

birds eye limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 13 charges/mortgages relating to birds eye limited. Currently there are 6 open charges and 7 have been satisfied in the past.

birds eye limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for BIRDS EYE LIMITED. This can take several minutes, an email will notify you when this has completed.

birds eye limited Companies House Filings - See Documents

datedescriptionview/download